BRIEF — Morgan Stanley Raises TTF Gas Forecast To 90 EUR/Mwh In Mild Winter Base Case

Oct 15 (Reuters) — MORGAN STANLEY: Raises Ttf Gas Forecast To €90/mwh In Mild Winter Base Case, With Risks Still Skewed To The Upside Continues To Model Mild Winter Base Case With Demand Reduction Of 6% Yoy Says Ttf Has Hit New Ytd High Of €87/mwh As Lng Competition Heats Up Again Says Ttf Could Reach €135/mwh On Some Combination Of A Prolonged Qatar Outage, Colder Weather Or Other Lng Disruptions Says Gulf Lng Recovery Looks Fragile, Driven By A Drawdown Of Lng On The Water, Rather Than Higher Output From Ras Laffan Says European Perimeter Will Still Enter Winter With Storage At Record Low Of 74% (Reuters.Briefs@thomsonreuters.com;)